Impact Advisory for corporates - Centrica Ignite

Working on the UK's first impact investment fund with a focus on energy

In 2013, Centrica launched an initiative, the Big Energy Idea, to support energy entrepreneurs that have a social impact on local communities – the UK’s first impact investment fund with a focus on energy. We helped Centrica’s ‘profit with purpose’ subsidiary Ignite to develop an effective screening tool for the fund’s impact due diligence process, advising the organisation on how to incorporate impact into decision making processes as well as training investees on the concept of impact measurement.

With a pragmatic and robust set of tools, Ignite is now able to evaluate the fund’s capital deployment to generate blended and sustainable returns, as well as to effectively communicate the social impact of the fund to the investment committee and other internal stakeholders. Centrica’s model was highly innovative and it was critical that we design the appropriate tools that had the rigour and objectivity to capture all aspects of the impact of the fund.